India
Head Office6Wresearch Head Office
Global Headquarters, New Delhi
3rd Floor, Pearls Omaxe Tower, 4-5-6, Netaji Subhash Place, Pitampura, New Delhi, Delhi 110034Rising demand for electric vehicles coupled with deteriorating air quality and changing climatic conditions are expected to steer up the Africa electric vehicle charging infrastructure market during the forecast period.
The Africa electric vehicle charging infrastructure market is expected to be driven on the back of deteriorating air quality contributing towards the changing climatic conditions in the developed countries across the region. An increase in air pollution levels is instigating a simultaneous shift in the adoption of electric mobility in the country.
According to 6Wresearch, Africa electric vehicle charging infrastructure market is expected to grow at a CAGR of 48.6% during 2019-25. Rapid urbanization in the developed countries of the African region is leading to an increased demand for eco-friendly and cost-effective transportation solutions. The Africa electric vehicle charging infrastructure market is expected to foresee significant growth projections over the coming years.
According to Prithu Chawla, Research Analyst, Research and Consulting, 6Wresearch, “Africa possesses a strong market base for the electric vehicle charging infrastructure and has a significant number of charging stations across the region. Stringent law by the government of developed nations across the region regarding the improvisation of electric mobility is further expected to propel the demand for Africa electric vehicle charging infrastructure market over the coming years.
According to Deepanshi Arora, Research Associate, Research and Consulting, 6Wresearch,” The Africa electric vehicle charging infrastructure market is dominated by Commercial application, due to generous government support policies towards development of well-equipped public charging stations across the region. With the span of time and increasing inclination towards green transportation, the commercial domain of Africa electric vehicle charging infrastructure market is expected to retain dominance over the next six years.
Some of the key players in Africa's electric vehicle charging infrastructure market include Schneider Electric, Nissan Motor Co. Ltd., ABB Ltd., Tesla Inc., Shell Global, Wallbox, Renault, Virta Global, General Electric and ChargePoint Inc.
“Africa Electric Vehicle Charging Infrastructure Market (2020-2026)” report thoroughly covers the market by types, applications, and countries. The Africa electric vehicle charging infrastructure market outlook report provides an unbiased and detailed analysis of the on-going Africa electric vehicle charging infrastructure market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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